101 W Main St | Havelock, NC 28532
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101 W Main St
Havelock, NC 28532
Walgreens NNN - Havelock, NC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Over 7 Years Remaining on a Triple Net (NNN) Lease
- Current Annual Rent of $16.89 PSF is Replaceable and Below the Chainwide Average – Improving the Likelihood of Renewal
- Investment Grade Tenant (S&P: BBB) With Corporate Guarantee (Walgreen Co.)
- Multiple 5-Year Options to Extend With Fixed Increases of 10%, Providing Landlord Leverage on Renewal
- Institutional Quality Construction Highlighted By a Brick Façade and Drive-Thru
- Full Conversion of a Former Rite Aid Store, Showing Walgreens Commitment to the Location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,813 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.76 AC
Zoning
HC,highway commercial, - Highway Commercial
Parking
50 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 6-060-021 | Improvements Assessment | $1,995,600 |
| Land Assessment | $756,790 | Total Assessment | $2,752,390 |
PROPERTY TAXES
Parcel Number
6-060-021
Land Assessment
$756,790
Improvements Assessment
$1,995,600
Total Assessment
$2,752,390
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